If you are starting to trade the Forex market, pick a Forex broker that offers a demo account that you can trade with prior to opening a live account. This will give you time to learn the Forex software that particular broker is using.
You will also want to make sure your broker has the best and most up to date tools at their fingertips. If you are trading in the United States, make sure your Foreign exchange brokerage firm is registered with Futures Commission Merchant (FCM) and regulated by the Commodity Futures Trading Commission (CFTC). If you are trading in the United Kingdom the Forex broker will need to follow the Financial Services Authority (FSA) regulations.
Do a search with your favorite search engine for a broker and research, research, research. Find out what other customers or clients have to say about them. Make sure the broker can provide you with all the tools and training that you might require. It's your money that you are investing so make sure you check out your selected Forex broker prior to depositing any funds with them.
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